Board of Directors

Syed Manzur Elahi (26th September 1942 – 12th March 2025)

• Founder Chairman

Syed Manzur Elahi, was the Founding Chairman of Apex Footwear Ltd. He was also Founding Chairman of Apex Tannery Ltd., Pioneer Insurance Co. Ltd. and Mutual Trust Bank PLC., which are all listed as “A” category companies on the Main Board of the Stock Exchanges. He was the Founding Chairman of Apex Enterprises Ltd., Grey Advertising Bangladesh Ltd., Blue Ocean Footwear Ltd. and Quantum Consumer Solutions Ltd. He also served as chairs of Apex Pharma Ltd., Apex Investments Ltd., Sunbeams School Ltd., East West University Foundation (EWUF), Manusher Jonno Foundation, International Publications Ltd. that publishes the Financial Express, Credit Rating Agency of Bangladesh Ltd., Board of Trustees of Centre for Policy Dialogue (CPD), Bangladesh Freedom Foundation and Diabetic Association of Bangladesh.

He previously served as the Chairman of the Bangladesh Association of Banks (BAB), Central Depository Bangladesh Ltd., Vice Chairman of the Bangladesh Association of Publicly Listed Companies (BAPLC) and Director of Bangladesh Bank, Sonali Bank, Bangladesh Krishi Bank, Export Promotion Bureau (EPB), Bangladesh, President of the Metropolitan Chamber of Commerce and Industry (MCCI), Member, Regulatory Reforms Commission, Member, Public Administration Reforms Commission, Chair of Bangladesh Freedom Foundation, President, Bangladesh Employers’ Association (BEA), President of the Dhaka University Alumni Association (DUAA), and Honorary Consul for Belgium in Bangladesh. He has won numerous awards for his contribution to trade and industry, which include Business Executive Award and Business Person of the Year. He was also awarded with "Life Time Achievement Award" by 21st DHL-Daily Star Bangladesh Business Awards in 2023. Besides being an eminent and well recognized industrialist and business leader, he has served twice in the Cabinet of the People’s Republic of Bangladesh, as Adviser to the Caretaker Governments in 1996 and 2001.

Mr. Elahi's education took place at St. Xavier's College, Kolkata. He completed his Bachelor of Arts with distinction in 1962. Soon after, he moved to Dhaka and pursued a Master's in Economics at the University of Dhaka, graduating in 1964. He has earned international recognition and respect for his leadership and professional qualities. He was also a well-known philanthropist. Mr. Syed Manzur Elahi passed away on 12th March 2025 at the age of 83 after a short illness.

Syed Nasim Manzur

• Chairman

Syed Nasim Manzur graduated in BSc Economics in entrepreneurial management from Wharton School, University of Pennsylvania in 1990. He is the Chairman of Apex Investments Ltd, Apex Tannery Ltd, Apex Pharma Ltd, Apex Enterprises Ltd, Blue Ocean Footwear Ltd, Landmark Footwear Ltd. Sunbeams School Ltd. Grey Advertisement (Bangladesh) Ltd., Quantum Consumer Solutions Ltd. He is the Managing Director of Apex Footwear Ltd. As a representative of the new emerging Bangladesh private sector, he was selected to join the Asia 21 Young Leaders Summit, Kuala Lumpur in November 2009 and the Global Forbes CEO Forum in Dubai in 2012.

Mr. Nasim is also currently serving on the Boards/Executive Committees of the following organizations: Mutual Trust Bank PLC., International Publications Limited (the owning company of The Financial Express), Biman Bangladesh Airlines, Infrastructure Investment Facilitation Company (IIFC), Progeny Technology, Society for Promotion of Bangladesh Art (SPBA) and FRIENDSHIP, an NGO which provides health and educational services in remote and inaccessible areas in North Bangladesh. He is presently serving as President of Leathergoods and Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB). He was the Chairperson of Pioneer Insurance Co. Ltd. and was the Vice President of Bangladesh Association of Publicly Listed Companies (BAPLC). Mr. Nasim served two terms as the Chairman of President of Metropolitan Chamber of Commerce and Industry Dhaka (MCCI), the oldest business chamber in Bangladesh. He is a regular guest speaker at the Defence Services Command and Staff College (DSCSC) and National Defence College (NDC), Mirpur Cantonment, Mirpur, Dhaka.

He was a Member Delegate at the Bangladesh-Japan Business to Business Conference, 04th August 2017, Singapore & Budapest Water Summit, 27-30 November 2016, Budapest, and a Member Delegate from Bangladesh at the WTO 10th Ministerial Conference, 15-18 December 2015, Nairobi, Kenya. He was also a Member Delegates, Bangladesh Business Delegation to Cambodia, 03 – 05 December 2017. He is also past Chairman of the Trustee Board, Business Initiative Leading Development (BUILD). He has been invited to serve as Advisory Committee Member, BRAC Business School (BBS), BRAC University, Dhaka and a Selection Committee Member of Startup Bangladesh, an Innovation Design and Entrepreneurship Academy (IDEA) project of Bangladesh Computer Council which is under Ministry of Posts, Telecommunications and Information Technology. He also served as a Member of Tripartite Consulting Committee (TCC), under Ministry of Labor and Employment and Member of National Committee of Export, Chaired by Honorable Prime Minister. He also works as a Core Member from the private sector of CITIZENS PLATFORM which was launched to support the government’s efforts in pursuing the Sustainable Development Goals (SDGs) for Bangladesh. He was elected as Vice President of Bangladesh Association of Public Listed Companies (BAPLC) from 2022 to 2023 and served as Director of Capital Market Stabilization Fund (CMSF) from 2022 to 2023.

Dilip Kajuri

• Director and CEO

Mr. Dilip Kajuri, is the CEO & Director of Apex Investments Limited and AMD & CFO of Apex Footwear Limited since March, 2009. He has more than 25 years of diversified working experience in manufacturing and service oriented industries. Mr. Kajuri formerly from KPMG Rahman Rahman Huq, Bangladesh, has vast experience and expertise in budgetary control, corporate finance, auditing, taxation and legal matters. Prior to his joining in Apex, he served in other national and multinational companies in Bangladesh such as ACI Limited, Grey Advertising (Bangladesh) Limited.

Mr. Dilip Kajuri serves in various Board including Apex Pharma Limited, Landmark Footwear Limited, Mega Ocean Footwear Limited, and promoter of Guardian Life Insurance Limited, the 4th generation life insurance company in Bangladesh. He has completed his M.Com (Accounting) from Rajshahi University with excellent academic record. During his career, he attended a good number of training, seminar and workshops on different aspects of financial services.